Country reference¶
Quick reference for the 12 Latin American countries with full support in 4Geeks Payroll.
Countries and currencies¶
The 12 preset countries are:
Costa Rica (CR), Mexico (MX), Panama (PA), Colombia (CO), Ecuador (EC), Honduras (HN), El Salvador (SV), Guatemala (GT), Uruguay (UY), Paraguay (PY), Chile (CL) and Peru (PE).
Supported currencies: USD, CRC, MXN, GBP, PAB, COP, HNL, GTQ, UYU, PYG, CLP, PEN.
Other countries can be stored on a record but have no tax preset, vacation accrual or aguinaldo rule.
Social-security contributions¶
Total rates by country (see Tax & Compliance for the line items):
| Country | Employee | Employer |
|---|---|---|
| Costa Rica | 10.83% | 26.83% |
| Mexico | 2.295% | 18.275% |
| Panama | 9.00% | 18.35% |
| Colombia | 8.00% | 30.02% |
| Ecuador | 7.20% | 22.48% |
| Honduras | 3.50% | 9.50% |
| El Salvador | 10.25% | 9.75% |
| Guatemala | 4.83% | 14.67% |
| Uruguay | 18.00% | 14.50% |
| Paraguay | 9.00% | 23.80% |
| Chile | 20.20% | 10.30% |
| Peru | 12.50% | 10.15% |
Overtime¶
| Country | Rule |
|---|---|
| Costa Rica, Guatemala, Chile | 1.5× |
| Peru | 1.25× first 2 h/day, 1.35× beyond |
| Mexico | 2× first 9 h/week, 3× beyond |
| Panama | 1.25× day / 1.5× night / 1.75× extension |
| Honduras | 1.25× day / 1.5× night / 1.75× extension |
| Colombia | 1.25× day / 1.75× night |
| Ecuador | 2× weekends/holidays and 00:00–06:00, else 1.5× |
| El Salvador | 2× day / 2.25× night |
| Uruguay | 2× business days / 2.5× Sundays and holidays |
| Paraguay | 1.5× day / 2.6× night |
| Other | 1.5× |
Night differentials¶
| Country | Rate | Applies to |
|---|---|---|
| Costa Rica | 15% | All |
| Mexico | 25% | All |
| Panama | 25% | All |
| Colombia | 35% / 75% | Regular / Overtime |
| Ecuador | 25% | All |
| Honduras | 25% | All |
| El Salvador | 50% | Overtime |
| Guatemala | 50% | All |
| Uruguay | 25% | All |
| Paraguay | 50% | Overtime |
| Chile | 50% | Overtime |
| Peru | 35% / 50% | All / Overtime |
Vacation days¶
| Country | Annual days |
|---|---|
| Costa Rica | 15 |
| Mexico | 12 → 32 (by years of service) |
| Panama | 30 |
| Colombia | 15 |
| Ecuador | 15 |
| Honduras | 10 |
| El Salvador | 15 |
| Guatemala | 15 |
| Uruguay | 20 |
| Paraguay | 30 |
| Chile | 15 |
| Peru | 30 |
Aguinaldo¶
| Country | Name | Benefit year |
|---|---|---|
| Costa Rica | Aguinaldo | Dec 1 → Nov 30 |
| Mexico | Aguinaldo | Dec 1 → Nov 30 |
| Panama | Décimo Tercer Mes | Dec 1 → Nov 30 |
| Colombia | Prima de Servicios | Oct 1 → Sep 30 |
| Ecuador | Décimo Tercer Mes | Dec 1 → Nov 30 |
| Honduras | Bonificación Decimotercera | Dec 1 → Nov 30 |
| El Salvador | Aguinaldo | Dec 1 → Nov 30 |
| Guatemala | Aguinaldo | Dec 1 → Nov 30 |
| Uruguay | Aguinaldo | Dec 1 → Nov 30 |
| Paraguay | Aguinaldo | Dec 1 → Nov 30 |
| Chile | Gratificación Legal | Dec 1 → Nov 30 |
| Peru | Gratificación | Dec 1 → Nov 30 |
Severance¶
Severance is calculated by the termination engine for the 12 preset countries. Terminations with just cause and voluntary resignations do not generate statutory severance; the amount depends on the country’s formula (for example, Costa Rica uses one month of salary per year of service up to a cap; Mexico uses three months of integrated salary plus 20 days per year and a seniority premium; Peru uses 1.5 months per year). The termination modal always shows the itemized preview before you confirm.
Related¶
Still have questions? Ask on Discord or explore the tutorials.